Happy first Monday in August!

I love the month of August, because it’s a great time to get work done. All of Europe and much of America are on vacation this month. Even those who are still in the office tend to take it easy. That means fewer distractions.

The August slowdown has been more pronounced than usual the past two years. With the end of the roaring ’90s, lots of people are finally allowing themselves those vacations they postponed. There’s no longer a sense that, if you work hard and get your product to market fast, you could make millions of dollars. We’re back to the normal rhythm of the business cycle.